Comparing Canadian Imperial Bank of Commerce (CM) and Its Competitors

Canadian Imperial Bank of Commerce (NYSE:CM – Get Free Report) is one of 919 public companies in the “Banks” industry, but how does it contrast to its rivals? We will compare Canadian Imperial Bank of Commerce to similar businesses based on the strength of its institutional ownership, profitability, dividends, analyst recommendations, valuation, risk and earnings.

Volatility and Risk

Canadian Imperial Bank of Commerce has a beta of 1.01, meaning that its share price is 1% more volatile than the S&P 500. Comparatively, Canadian Imperial Bank of Commerce’s rivals have a beta of 0.61, meaning that their average share price is 39% less volatile than the S&P 500.

Dividends

Canadian Imperial Bank of Commerce pays an annual dividend of $3.09 per share and has a dividend yield of 2.7%. Canadian Imperial Bank of Commerce pays out 41.3% of its earnings in the form of a dividend. As a group, “Banks” companies pay a dividend yield of 8.9% and pay out 28.9% of their earnings in the form of a dividend. Canadian Imperial Bank of Commerce has raised its dividend for 14 consecutive years. Canadian Imperial Bank of Commerce lags its rivals as a dividend stock, given its lower dividend yield and higher payout ratio.

Analyst Ratings

This is a summary of current ratings and recommmendations for Canadian Imperial Bank of Commerce and its rivals, as reported by MarketBeat.com.

Sell Ratings Hold Ratings Buy Ratings Strong Buy Ratings Rating Score
Canadian Imperial Bank of Commerce 0 5 4 1 2.60
Canadian Imperial Bank of Commerce Competitors 7490 30240 27843 1488 2.35

Canadian Imperial Bank of Commerce currently has a consensus price target of $160.00, suggesting a potential upside of 38.32%. As a group, “Banks” companies have a potential upside of 14.60%. Given Canadian Imperial Bank of Commerce’s stronger consensus rating and higher possible upside, equities analysts clearly believe Canadian Imperial Bank of Commerce is more favorable than its rivals.

Earnings and Valuation

This table compares Canadian Imperial Bank of Commerce and its rivals gross revenue, earnings per share and valuation.

Gross Revenue Net Income Price/Earnings Ratio
Canadian Imperial Bank of Commerce $44.36 billion $6.02 billion 15.44
Canadian Imperial Bank of Commerce Competitors $37.93 billion $2.42 billion 21.32

Canadian Imperial Bank of Commerce has higher revenue and earnings than its rivals. Canadian Imperial Bank of Commerce is trading at a lower price-to-earnings ratio than its rivals, indicating that it is currently more affordable than other companies in its industry.

Profitability

This table compares Canadian Imperial Bank of Commerce and its rivals’ net margins, return on equity and return on assets.

Net Margins Return on Equity Return on Assets
Canadian Imperial Bank of Commerce 16.09% 17.02% 0.87%
Canadian Imperial Bank of Commerce Competitors 15.64% 9.43% 0.93%

Institutional and Insider Ownership

49.9% of Canadian Imperial Bank of Commerce shares are owned by institutional investors. Comparatively, 47.8% of shares of all “Banks” companies are owned by institutional investors. 9.7% of shares of all “Banks” companies are owned by insiders. Strong institutional ownership is an indication that hedge funds, large money managers and endowments believe a company is poised for long-term growth.

Summary

Canadian Imperial Bank of Commerce beats its rivals on 9 of the 15 factors compared.

About Canadian Imperial Bank of Commerce

(Get Free Report)

Canadian Imperial Bank of Commerce (CIBC) is a diversified financial institution headquartered in Toronto, Canada. It traces its roots to the Canadian Bank of Commerce, founded in 1867, and was formed in 1961 through the merger of the Canadian Bank of Commerce and the Imperial Bank of Canada. CIBC provides personal and business banking, commercial banking, wealth management, and capital markets services. Its offerings include deposit accounts, mortgages, lending, payment services, investment and financial advice, and financing and advisory services for businesses and institutional clients.

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